Comanche, Texas Property Taxes
The median property tax rate in Comanche, TX is 1.55%, which is higher than the national median of 0.99% but lower than the Texas state median of 1.67%. With a median home value of $113,560 in Comanche, the typical annual property tax bill is around $1,576, falling below the national median of $2,690. Property taxes in Comanche are calculated based on the tax assessed value, which is often lower than the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Comanche’s property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Comanche or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Comanche, Texas Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.67%
Estimate Property Tax Bill
$3,340
Ownwell’s Comanche Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Comanche with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Comanche to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Comanche, Texas
Property taxes in Comanche, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Comanche is 1.55%, higher than both the Texas state median of 1.81% and the U.S. national median of 0.99%. Local government entities within Comanche set these rates annually, and they can vary significantly across different neighborhoods. Each year, Comanche estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Comanche's effective property tax rate to other counties in Texas and the national median. For comparison, the 76442 zip code has the highest median property tax rate of 1.55%, while the 76442 zip code also has the lowest median tax rate of 1.55%. Understanding how these cities compare with Comanche provides valuable insights into the varying tax landscape across Comanche County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Comanche Tax Rate
1.55%
Average Comanche County Tax Rate
1.49%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Comanche, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
76442 | 0.67% | 1.07% | 1.55% | 1.86% | 2.18% |
Source: Ownwell
Property Tax Assessment Values Across Comanche, Texas
In Comanche, Texas, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Comanche County Appraisal District for tax purposes. In contrast, the assessed value is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. In Comanche, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. The median home price in Comanche is $113,560, and the median tax bill ranges from $670 at the 25th percentile to $4,574 at the 90th percentile. The zip code 76442 has both the highest and lowest median tax bill at $1,576. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Comanche Assessed Value
$113,560
Average Comanche County Assessed Value
$123,090
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Comanche, Texas
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
76442 | $8,974 | $43,780 | $113,560 | $249,950 | $498,996 |
Source: Ownwell
Property Tax Bills Across Comanche, Texas
In Comanche, TX, property tax bills are determined based on the assessed value of a property and the local tax rate. The assessed value is a percentage of the property's market value, which is determined by the county's appraisal district. Homeowners in Comanche can expect a median property tax bill of $1,576, which aligns with the national median property tax rate of 0.99%. Factors such as property size, location, and improvements can influence the assessed value, and consequently, the tax bill. For instance, homeowners at the 25th percentile pay around $670, while those at the 75th percentile see bills closer to $2,980. At the 90th percentile, tax bills can reach up to $4,574. These variations significantly impact homeowners, as higher property values result in higher tax bills. Understanding how these elements interplay helps homeowners anticipate their financial obligations and plan accordingly. Overall, the property tax system in Comanche ensures that tax contributions are proportional to property values, maintaining a balanced approach to funding local services and infrastructure.
Average Comanche Tax Bill
$1,576
Average Comanche County Tax Bill
$1,545
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Comanche, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
76442 | $147 | $670 | $1,576 | $2,980 | $4,574 |
Source: Ownwell
Don't miss the deadline to protest!
Dates | |
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Appeal Deadline | May 15 |
Tax Bill | |
Issued | October 1 |
Due Date #1 | November 30 |
Due Date #2 | June 30 |
Links | |
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Comanche Appraisal District | |
Website | esearch.comanchecad.org |